June 19, 2020 Is it time to outsource finance and accounting? Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you … Read More
June 11, 2020 5 Steps to Close the Books at The End of the Month Many companies struggle to close the books at the end of the month. The month-end close requires accounting personnel … Read More
May 5, 2020 Benchmarking: Why Normalizing Adjustments Are Essential Stop comparing apples to oranges! Here’s how to ensure more meaningful comparisons of financial performance. To know more click the … Read More
April 24, 2020 Here’s How to Handle Gifts in Kind and Donated Services As unemployment and financial insecurity become widespread during the novel coronavirus (COVID-19) crisis, many not-for-profit donors find themselves unable … Read More
March 20, 2020 Beware: Coronavirus May Affect Financial Reporting The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you … Read More
March 12, 2020 Lease or Buy? Changes To Accounting Rules May Change Your Mind The rules for reporting leasing transactions are changing. Though these changes have been delayed until 2021 for private companies (and … Read More
February 26, 2020 4 Steps To A Stronger Balance Sheet Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a … Read More
February 6, 2020 Accounting For Indirect Job Costs The Right Way Construction contractors, professional service firms, specialty manufacturers and other companies that work on large projects often struggle with job costing. … Read More
December 21, 2019 FAQs About Prepaid Expenses The concept of “matching” is one of the basic principles of accrual-basis accounting. It requires companies to match expenses (efforts) … Read More
November 21, 2019 How To Protect Your Nonprofit’s Credit Cards From Misuse If your nonprofit issues work credit cards to employees, make sure you have a policy that explicitly states how they … Read More
November 21, 2019 Close-up On Pushdown Accounting For M&As It’s only natural to overlook accounting rule changes until they affect your company’s financial statements. So, you might not be … Read More
November 19, 2019 Accounting For Contributions And Grants Is Now Easier As a result of recent accounting guidance, your nonprofit may treat grants and similar contracts as contributions more often than … Read More
